4.8 • 6.3K Ratings
🗓️ 2 November 2022
⏱️ 61 minutes
🧾️ Download transcript
This week, the Federal Reserve is expected to raise interest rates again, despite coming under scrutiny in recent months for its aggressive hikes to battle inflation. This week on Intercepted: Jon Schwarz, senior writer with The Intercept, talks all things Fed, the most powerful economic institution in the U.S. Schwarz is first joined by Intercept reporters Ken Klippenstein and Daniel Boguslaw, who discuss how banks are lobbying the Fed, raising questions about the institution’s independence. Schwarz is then joined by former Fed economist Claudia Sahm to break down the Fed’s role in the economy and how its efforts to curb inflation are destabilizing the global economy and raising unemployment.
Ken and Dan's story "The Fed Likes to Tout its Independence. So Why are Big Banks Lobbying It?": https://theintercept.com/2022/10/26/federal-reserve-bank-lobby/
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0:00.0 | Making your own decks for the tree. |
0:03.2 | Look at that one! |
0:04.6 | That's a little win, making sure they stay out there. |
0:08.5 | Tiger! |
0:09.4 | Well, you can't win it everything. |
0:11.6 | Get the big day without the big budget |
0:14.0 | and make the magic go further. |
0:16.0 | With Wilcoe. |
0:17.2 | Wilcoe. |
0:18.1 | Lots of little wins. |
0:40.2 | This is Intercepted. |
0:56.0 | I'm John Schwartz, a senior writer with The Intercept. |
1:05.0 | Today's episode has three guests, |
1:06.6 | and they are all going to talk about the Federal Reserve. |
1:09.0 | You might ask why are we having an all-fed episode? |
1:13.0 | Well, obviously just for the clicks. |
1:16.2 | The Federal Reserve milkshake brings everybody to the yard. |
1:19.5 | Damn right, it's better than yours, I could teach you, |
1:22.6 | but I have to charge my- |
1:23.8 | Federal Reserve. |
1:24.6 | It brings all the boys to the yard, |
1:26.2 | and they're like, it's better than yours. |
... |
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